Common use of 4Severability Clause in Contracts

4Severability. In the event that any or more provisions of this Agreement are held to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspect. The Parties shall negotiate in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by laws the intentions of the Parties, and are of an economic effect as close as possible to that of such invalid, illegal or unenforceable provisions.

Appears in 4 contracts

Samples: Exclusive Option Agreement (KE Holdings Inc.), Exclusive Option Agreement (KE Holdings Inc.), Exclusive Option Agreement (KE Holdings Inc.)

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4Severability. In the event that any or more provisions of this Agreement are held to be invalid, illegal or ​ ​ unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspect. The Parties shall negotiate in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by laws the intentions of the Parties, and are of an economic effect as close as possible to that of such invalid, illegal or unenforceable provisions.

Appears in 2 contracts

Samples: Exclusive Option Agreement (KE Holdings Inc.), Exclusive Option Agreement (KE Holdings Inc.)

4Severability. In the event that If any or more provisions provision of this Agreement are held to be invalidis, illegal becomes, or is deemed invalid or unenforceable in by any aspect in accordance with any laws court or regulationsother competent authority having jurisdiction, the validity, legality or enforceability of the remaining provisions remainder of this Agreement shall not be affected or compromised in any aspect. The remain unimpaired and the Parties shall promptly negotiate in good faith to replace amend such invalid, illegal invalid or unenforceable provisions with effective provisions that provision to conform to applicable laws so as to be valid and enforceable and best accomplish to the greatest extent permitted by laws the intentions original intent of the Parties, and are of an economic effect as close as possible to that of such invalid, illegal or unenforceable provisions.

Appears in 1 contract

Samples: Collaboration and License Agreement (BICYCLE THERAPEUTICS PLC)

4Severability. In the event that any one or more several of the provisions of this Agreement are held found to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspectrespect. The Parties shall negotiate strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by laws law and the intentions of the Parties, and are of an the economic effect of such effective provisions shall be as close as possible to that the economic effect of such those invalid, illegal or unenforceable provisions.

Appears in 1 contract

Samples: Exclusive Option Agreement (Ando Holdings Ltd.)

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4Severability. In the event that any one or more several of the provisions of this Agreement are held found to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspectrespect. The Parties shall negotiate strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish are effective to the greatest extent permitted by laws and the intentions of the Parties, and are of an the economic effect of such effective provisions shall be as close as possible to that of such those invalid, illegal or unenforceable provisions.

Appears in 1 contract

Samples: Exclusive Option Agreement (Futu Holdings LTD)

4Severability. In the event that If any or more provisions provision of this Agreement are is or is held to be invalidinvalid or unenforceable, illegal then so far as it is invalid or unenforceable it has no effect and is deemed not to be included in this Agreement. This shall not invalidate any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspectAgreement. The Parties shall negotiate in good faith then use all reasonable endeavors to agree with each other Party, and replace such invalid, illegal the invalid or unenforceable provisions with effective provisions that accomplish to provision by a valid provision the greatest extent permitted by laws the intentions effect of the Parties, and are of an economic effect which is as close as possible to that the intended effect of such invalid, illegal the invalid or unenforceable provisionsprovision.

Appears in 1 contract

Samples: Technology License Agreement (Bellerophon Therapeutics, Inc.)

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